Markets

Gold plunges ₹ 244; silver tumbles ₹ 654

File photo for representation.   | Photo Credit: Nagara Gopal

Gold in the national capital on Wednesday plunged by ₹ 244 to ₹ 46,747 per 10 gram reflecting the decline in international precious metal prices, according to HDFC Securities.

In the previous trade, the precious metal had settled at ₹ 46,991 per 10 gram.

Silver dipped ₹ 654 to ₹ 63,489 per kilogram from ₹ 64,143 per kilogram in the previous trade.

In the international market, gold was trading lower at $ 1,787 per ounce and silver declined marginally to $ 23.94 per ounce.

"Gold prices traded weak with spot gold prices at COMEX trading 0.32 % down at $ 1,787 per ounce on Wednesday," HDFC Securities Senior Analyst (Commodities) Tapan Patel said.


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Printable version | Dec 6, 2021 5:36:54 AM | https://www.thehindu.com/business/markets/gold-plunges-244-silver-tumbles-654/article37188923.ece

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